Currency Markets

By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was slightly weaker Wednesday morning, as soft domestic retail sales data pressured the currency. At 8:39 a.m. CDT the Canadian dollar was trading at US$0.7299 or US$1=C$1.3701, which compares with Tuesday’s close of US$0.7314 or US$1=C$1.3673. Retail sales in Canada dipped by 0.1 per […] Read more

The Canadian dollar was stronger on Tuesday, as softer than expected purchasing managers index (PMI) data out of the United States weighed on the U.S. currency. The Canadian dollar settled at US$0.7314 or US$1=C$1.3673 on Tuesday, which compares with Monday’s close of US$0.7291 or US$1=C$1.3715. Gains in crude oil were supportive for the Canadian currency, […] Read more

By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The Canadian dollar was showing some modest strength Tuesday morning. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7299 or US$1=C$1.3701, which compares with Monday’s close of US$0.7291 or US$1=C$1.3715. The firmer tone in the currency came despite losses in crude oil, as tensions in the […] Read more

  By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was stronger for the fourth-straight session on Monday, continuing to correct after hitting its weakest level in five-months relative to its United States counterpart last week. The Canadian dollar settled at US$0.7291 or US$1=C$1.3715 on Monday, which compares with Friday’s close of US$0.7274 […] Read more

  By Phil Franz-Warkentin   Glacier FarmMedia MarketsFarm – The Canadian dollar was holding relatively steady Monday morning. At 8:41 a.m. CDT the Canadian dollar was trading at US$0.7275 or US$1=C$1.3746, which compares with Friday’s close of US$0.7274 or US$1=C$1.3748. Canada’s Industrial Product Price Index was up by 0.8 per cent in March compared to […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar climbed a little higher on Friday, supported by a dip in its United States counterpart and small increases in crude oil. The loonie closed at US$0.7274 or US$1=C$1.3748, compared to Thursday’s finish of US$0.7265 or US$1=C$1.3764. On the U.S. Dollar Index, the greenback eased […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar was slightly higher on Friday morning, getting support from small declines in the United States dollar. As of 8:35 am CDT, the loonie was at US$0.7274 or US$1=C$1.3746 compared to Thursday’s close of US$0.7265 or C$1.3764. On the United States Dollar Index, the greenback […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher on Thursday, despite a stronger United States dollar and crude oil that traded both sides of unchanged. The loonie closed at US$0.7265 or US$1=C$1.3764, compared to Wednesday’s finish of US$0.7250 or US$1=C$1.3794. On the U.S. Dollar Index, the greenback rose 0.216 of […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar retook recently lost ground on Thursday morning, in light of small upticks in the United States dollar. As of 8:35 am CDT, the loonie was at US$0.7273 or US$1=C$1.3756 compared to Wednesday’s close of US$0.7250 or C$1.3794. On the United States Dollar Index, the […] Read more

By Glen Hallick Glacier Farm Media MarketsFarm – The Canadian dollar closed higher on Wednesday, as its United States counterpart weakened with the gains tempered by losses in crude oil. The loonie closed at US$0.7250 or US$1=C$1.3794, compared to Tuesday’s finish of US$0.7235 or US$1=C$1.3821. On the U.S. Dollar Index, the greenback pulled back 0.295 […] Read more